Thursday, February 4, 2010

Labour holding out on a wing and a prayer – I think there’s a loose rivet!

Economy worries hit stock markets and oil prices

The discouraging jobs news had dampened hopes of a near-term economic recovery, said Fadel Gheit, an oil analyst at Oppenheimer & Co. "When people say there's a light at the end of the tunnel, it's getting to be a very dim light and a very long tunnel," he said. European markets suffered as a lack of demand for government bonds in Portugal re-ignited concerns that countries such as Portugal and Greece would not be able to fund their national deficits without a bail-out.

Posted by hoaglund @ 09:50 PM (495 views)
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